Atlantico Business Development
Cabo Verde
In Africa, some countries have started growing and they just won't stop. Cabo Verde, just about the tiniest country in the continent is also the most stable one. It's well governed and transparent too and it has great potential for tourism and its supplying services and industries like real estate, agribusiness and logistics. In fact, the country is about to reach the one million tourists per year mark soon and it is set to grow to 2 to 3 million tourists per year in the next decade or so. Cabo Verde is an ideal and safe hub for doing business in West Africa or even in the whole South Atlantic, thanks to its excellent air connections, good real estate and quality of life. A new and attractive tax regime is in the making.
The good news is that Cabo Verde is our second home. All of the services we offer are open for Cabo Verde.
In 2014 Atlantico Business Development organized a first Dutch economic and business mission to Cabo Verde on behalf of the NL Embassy in Dakar. While HE the Ambassador of the Netherlands acted as the overall delegation leader, Atlantico Business Development's Managing Director Arnout Nuijt led the busines delegation. Major Dutch companies took part in the mission, like Boskalis, Van Oord, Royal HaskoningDHV, BAM International, Damen Shipyards and Vanderlande Industries.
Atlantico Business Development has also assisted several European exporters of food products with getting access to the right business partners in Cabo Verde.
Furthermore we recently organized a highly successful business visit of the management of port authority ENAPOR and the chairman of the Cabo Verde Maritime Cluster to the Netherlands, where we brought them in contact with several Dutch entities, investors and maritime companies.
Your opportunities in Cabo Verde
Contact Atlantico Business Development to know more about the business opportunities for you and your company to explore in Cabo Verde, for instance in:
- agri-business: as the country prepares for the arrival of mass tourism, investments are needed in production and distribution of food stuff;
- ports and maritime transport: a 1 million TEU per year container terminal is being developed to serve West Africa, a cruiseterminal is being developed to handle 300.000 tourists per year, while smaller ports on various islands await construction;
- construction of infrastructure, hotels and resorts;
- investment in hotels and resorts;
- privatization: the government of Cabo Verde is ready to privatize port operations, TACV Cabo Verde Airlines, airport handling, the management of the Cabnave shipyard, international airports, utilities, such as Electra and more;
- renewable energies: Cabo Verde has the ambition to become 100% reliable on wind and solar energy production by 2025.
São Vicente, the new Atlantic hub
Watch São Vicente Island develop in the next years or participate. This historic island, a coal bunkering hub in the Atlantic in the 19th century and Cabo Verde's cultural capital, is preparing for a new start. The island expects almost a half billion Euro's worth of investment in the next few years, to be used for:
- a 1 million TEU per year container terminal to serve West Africa;
- a cruiseterminal to handle 300.000 tourists per year;
- a new fishing port;
- foreign investments in the fishing industry;
- new hotels and touristic real estate;
- a relaunched industrial freezone, which is a first phase of the Cabo Verde International Business Centre, a very attractive tax regime for your production facility.
You are welcome to contact Atlantico Business Development for more information.
Islands of Sun and Freedom in a Sea of Opportunities
Arnout Nuijt, Managing Director of Atlantico Business Development, spoke with Cabo Verde’s Prime Minister José Maria Neves about investment opportunities in Cabo Verde. To find out more you can access the interview here.
Cabo Verde's unique aviation opportunity
Cabo Verde offers a unique opportunity to the aviation market and with TACV the country has an instrument to grab that opportunity. Cabo Verde lies in the center of a fast developing bundle of air transportation routes: halfway between the EU (and the Middle East) and Brazil and halfway between North America and Africa. North America and the EU are mature and affluent markets, but both Brazil and parts of fast developing Africa offer tremendous prospects for aviation. Atlantico Business Development analysed the options. Read more.
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Cabo Verde's ambituous renewable energies strategy
Check out one of our older but still valid assessments, this time on Cabo Verde's ambitious renewable energies scheme, published on our now defunct Atlantico Weekly.
Dutch Trade Mission to Cabo Verde
Atlantico Business Development and CaboDutch International Business Chamber proudly annouce their first joint trade mission to Cabo Verde. The mission will take place from November 14-16th in Sal, São Vicente and Praia. The focus will be on the booming tourist resort of Sal, the maritime sector of São Vicente and the thriving capital of Praia. The delegation will also be able to participate in Cabo Verde's international trade fair FIC. Contact us for more information.
A practical guide for the Cabo Verde agribusiness sector
Atlantico Business Development has recently produced a practical guide for doing business in the emerging agribusiness sector in Cabo Verde. Cabo Verde today is growing fast as a holiday destination for European tourists, combining political stability, security and guaranteed good weather. At this moment the country receives about 600.000 tourists per year, a number that is expected to rise by 2019 to around 1 million per year.
Cabo Verde even has the potential to host between 2 and 3 million tourists per year in a decade or so, which would make the country one of Africa’s most important tourist destinations. These fast growing numbers of European tourists will need to be supplied continuously with good quality fresh food and other products, which at this moment poses an enormous challenge to the Cabo Verde tourist sector. Read more about this guide and how to obtain it here.
A sea of opportunities
The Dutch-Cabo Verde Maritime Round Table
Atlantico Business Development on March 10, 2015, successfully organized the first Dutch-Cabo Verde Maritime Round Table on behalf of the Dutch government. The vibrant and informative event took place in Rotterdam, where it was cordially hosted at the regional PWC office. Several maritime enterprises from Cabo Verde took part in the Round Table, among which ENAPOR, Cabnave, Cabo Verde Fast Ferry, Vivó Energy and Frescomar. From the Dutch side there was substantial interest in the event, from companies such as the Ports of Amsterdam and Rotterdam, Cruiseport Rotterdam, Damen Shipyards, Van Oord, Atradius, Dredging & Contracting Rotterdam BV, STC, Eurofrigo as well as several consultants, government representatives and sector organizations. Read more.
Dutch Business Mission to Cabo Verde organized and led by Atlantico Business Development, discusses opportunities with Prime Minister JM Neves, March 2014.